When Warren Buffett acquired See’s Candies in 1972, he called the boxed candy business “the prototype of a dream business.”
The first quarter of 2019 has been kind to investors. At its highest, the local benchmark Straits Times Index returned a positive 7 percent, from the beginning of the year to late February. However, as March draws to an end, the broader market started to sell-off once again and we see a higher probability of downward pressure going into 2Q19.
Most Singaporeans should be familiar with Fraser & Neave (F&N). It is perhaps one of the oldest homegrown establishments with a long corporate history dating as far back to 1883 when it was first founded by John Fraser and David Chalmers Neave.
Asia’s leading agribusiness giant Wilmar International (Wilmar) posted its FY18 results after the market closed on 21 February 2019. When the market reopened the following day, Wilmar’s stock gapped down from a 52-week high of $3.40 to $3.26, registering a negative four percent post-earnings performance.
For some time, surround sounds have been synonymous with full-sized speakers in the theatres. That perception finally changed, when Creative Technology (Creative) made waves with the release of Super X-Fi – a dongle that recreates three-dimensional audio when plugged into any audio source. The new technology seeks to transform how one can enjoy realistic audio, even on the move, without having to burn pockets for expensive surround sound systems.
HUAT AH! Shares Investment wishes our dear readers a prosperous Chinese New Year! As with Chinese beliefs, saying or doing good things would help to spruce up our “luck” during this festive period. From sporting the colour red to decorating our houses with Pussy Willow, we all wish to usher in a bountiful year ahead.
The past few months had been a tumultuous period for investors. After the Federal Reserve hiked interest rate again on 18 December 2018, investors have been exiting the stock market in droves. The problem was f...
2018 has not been the best year for investors. After one of the longest bull run in stock market history, US equities are leading global stock market into a bear market. It should not come as a surprise though, given the increasingly uncertain geopolitical landscape.
At the end of October 2018, Cityneon Holdings (Cityneon) – one of Shares Investment’s favourite companies, saw an offer from West Knighton to take the company private. West Knighton, a special purpose vehicle indirectly owned by Cityneon’s chief executive officer Ron Tan and Hong Kong entrepreneur and investor Johnson Ko, launched a privatisation offer for Cityneon at $1.30 per share, valuing the company at about $318 million.
Since the start of 2018, Singapore Medical Group has caught the attention of Shares Investment with its strong growth. However, despite another splendid quarter this earnings season, the stock continues to trail lower. At the time of writing, the stock of Singmedical had shed almost another 10 percent to trade at $0.40 per share, falling from $0.44 when we last reviewed the stock in August.